Tuesday, February 22, 2011

Length of time to keep legal documents

Certain legal documents kept indefinitely will need, while others shredded and can be disposed within a specified time. Check with your lawyer if you need legal advice on conservation. Legal documents to IndefinitelyBusiness retain legal documents should be retained indefinitely include statements of income and financial; All corporate documents such as articles and certificates of the Statute and the regulations; Licenses; Trademark and patent documents. Contracts and leases should also and applications for employment of current employees are retained. Wills and trust documents must also permanently remain real estate is files.Legal records are kept for six or seven documents YearsMost maintained for six to seven years must have tax instead of the legal consequences and must include all documentation to support the statements of income and property records.Legal records be held for the recordings of three YearsBusiness, three years demands for retained expired insurance policies not use, as also records of staff that must be kept for three years after the end of the employee in question. On a personal level should the insurance keep records for three years.

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